Form 4: Zapata Computing Director Lee Reports Conversion of Class B Shares to Common Stock
SEC Form 4 Filing
Director Cassandra S. Lee reports the conversion of 30,000 Class B Ordinary Shares to Common Stock of Zapata Computing Holdings Inc. following the closing of a business combination agreement.
Summary
- On March 28, 2024, Cassandra S. Lee, a director of Zapata Computing Holdings Inc., reported a transaction involving the conversion of 30,000 Class B Ordinary Shares into Common Stock.
- The conversion occurred automatically upon the closing of the transactions contemplated by the Business Combination Agreement dated September 6, 2023.
- The Class B Ordinary Shares converted on a one-for-one basis into Common Stock.
- The Class B Ordinary Shares were previously convertible for Class A ordinary shares as described in the company's Registration Statement on Form S-1.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to a pre-existing agreement, so it doesn't significantly impact sentiment.
Stakeholder Impact
- The conversion of shares may have a minor impact on shareholders due to the change in the share structure.
Key Dates
| Date | Description |
|---|---|
| September 6, 2023 | Date of the Business Combination Agreement |
| March 28, 2024 | Date of transaction: Conversion of Class B Ordinary Shares to Common Stock |
| April 01, 2024 | Date of signature for the Form 4 filing |
Keywords
Zapata Computing Holdings Inc., Cassandra S. Lee, Form 4, Beneficial Ownership, Class B Ordinary Shares, Common Stock, Conversion, Director, ZPTA
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